Energy Resources Of Australia Forecasts Steep Profit Slide
December 20 2010 - 5:18PM
Dow Jones News
Uranium miner Energy Resources of Australia Ltd. (ERA.AU) on
Tuesday said it expects to post a sharp fall in annual profit after
lower ore grades cut output.
The Rio Tinto Ltd. (RIO) unit said net profit for the year to
Dec. 31 is expected to fall to A$45 million-A$55 million, from
A$272.6 million in 2009.
ERA booked a first half net profit of A$22.7 million.
-By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692;
Ross.Kelly@dowjones.com
Energy Resources Of Aust... (ASX:ERA)
Historical Stock Chart
From Jun 2024 to Jul 2024
Energy Resources Of Aust... (ASX:ERA)
Historical Stock Chart
From Jul 2023 to Jul 2024